Singapore legislation

Section 56O

of Bankruptcy Act

Section 56O

Revocation of certificate of completion of debt repayment scheme

Amended by6/20096/20096/2009

(1)

The Official Assignee may at any time, by notice in writing to a debtor, revoke a certificate of completion of a debt repayment scheme issued under section 56N(1) in respect of the debtor if he is satisfied that the debtor —

(a)

did not to the best of his knowledge or belief disclose to the Official Assignee all his property or the disposal of his property (or any part thereof); or

(b)

had obtained the approval or modification of the debt repayment plan under the scheme by means of fraud, false representation or the concealment of any material fact.

Amended by6/2009

(2)

Subsection (1)(a), in relation to the disposal of property, shall not apply to the payment of ordinary expenses of the debtor and his dependants.

Amended by6/2009

(3)

Upon the revocation of the certificate of completion of the debt repayment scheme, the debtor’s release from his debts under section 56N(2) shall cease.

Amended by6/2009
Section 56O — Bankruptcy Act | laws.sg